CoinVoice recently learned that according to analysis by Greeks.live analyst Adam, BTC has recently corrected after failing to hit $110,000, clearing out some leveraged long positions, while the adjustment of altcoins has continued for nearly a month. According to past bull market experience, a sharp correction in Bitcoin may trigger a "copycat season", but the intensity of the correction is currently unclear.

As Christmas and annual delivery approach, ETF funds have significantly outflowed, and market makers continue to adjust their positions. Recently, the proportion of large call option transactions has averaged over 30% per day. After more than 40% of options expire at the end of the year, the large amount of margin released is expected to drive the implied volatility down, and the cost-effectiveness of buying options in the coming week may significantly improve. [original link]